Schedule I
Regulation Schedule IofInsolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) Regulations, 2017
| (See regulation 5) Discipline of | Qualifications Research | Essential Desirable Associate / Consultant (1) (2) (3) a. Economics / Post Graduate degree in Economics or (a) Consistent high academic performance; Public Policy | Public Policy from a recognised (b) Doctoral degree from a reputed University or Institution. | University or Institution in Economics or a closely related area; (c) Degree / Diploma / Certification in Regulatory / Business Law / Economics. b. Law (i) LL. B or equivalent from a (a) Consistent high academic performance; recognised University or Institution, and (b) LL. M. / Doctoral degree from a (ii) Qualified to be enrolled as an reputed University or Institution in Law or Advocate in a Bar Council constituted a closely related area; under the Advocate’s Act, 1961 (25 of | (c) Degree / Diploma / Certification in 1961). | Regulatory / Business Law / Economics. Post graduate degree / Post graduate c. Business | (a) More than one of the qualifications diploma / Master of Business Management | mentioned in the essential column; Management from a recognised (b) Consistent high academic performance; University or Institute / A Member of the (c) Doctoral degree from a reputed Institute of Chartered Accountants of University / Institution in law / India / A Member of Institute of Cost management / accounts/ finance / a closely Accountants of India / A Member of related area; Institute of Company Secretaries ofIndia. (d) Degree / Diploma / Certification in Regulatory / Business Law / Economics. d. Insolvency (i) Qualifications and experience as (a) Consistent high academic performance; required under regulation 5(c) of the (b) Degree / Diploma / Certification in Insolvency and Bankruptcy Board of Regulatory / Business Law / Economics; India (Insolvency Professionals) | (c) Experience as an insolvency Regulations, 2016; and professional. (ii) Pass in the Limited Insolvency Examination. 4 Substituted by Notification No. IBBI/2019-20/GN/REG041 dated 23rd July, 2019 (w.e.f. 23.07.2019). 4 |
| e. Valuation (i) Qualification and experience as (a) Consistent high academic performance; required under rule 4 of the Companies (b) Degree / Diploma / Certification in (Registered Valuers and Valuation) | Regulatory / Business Law / Economics; Rules, 2017; and | (c) Experience as a registered valuer of the (ii) Pass in the Valuation Examination of relevant asset class. the relevant asset class (Land and Building / Plant and Machinery / Securities or Financial Assets) |